Free Articles  >>  Business And Finance >>  Page 3631  >> 

Reasons For Getting Long Term Health Care Insurance

If you are like most people, you do not want to be a burden to your loved ones as you age. As people are now living longer than ever before, many are living until their children approach retirement age. The last thing any parent wants to do is to burden their own children with their care.

You and your spouse have a 70 percent chance that one of you will need long term care at least once in your lifetime. If you do not have a spouse, you have a 40 percent chance of developing some condition that will require you to have long term care. This can happen at any time in your life - do you really want it to eat away all of your savings?

Some reasons for getting long term care insurance are as follows:

It will pay benefits that your insurance or Medicare will not

After getting out of the hospital, you may end up at a rehabilitation facility for a few months. While your insurance will cover some of these costs, they will not cover all of the costs. What they do not cover you will end up paying out of pocket. This can take away most, if not all, of your savings. When you have long term care insurance, you can rely on this to pick up what your insurance company will not cover.

It will enable you quality care

If you are forced to go into assisted living because of an illness or disability, you will have to pay for any care out of your savings. Medicare will only cover a small portion of the care that you receive. The rest will have to come out of your own pocket. Once your savings are depleted, you will have to apply for public aid. This may require you to be transferred to an assisted care facility that does not offer the quality as those that are privately funded.

It will ease the burden on your children

Your children will not want to see you in a facility where they feel you are not well cared for and may try to take care of you themselves. This will be a burden on them, whether or not they admit it. As parents, we never want to do anything to harm our children, even in our old age. We do not want them burdened with our care. If we have long term care insurance, we do not have to worry about being a burden to our children. We can stay in comfort at a long term care facility that is close to their homes.

Long term care insurance can provide for you whenever you need long term care. You can choose from a variety of different plans and the cost will be determined by your age and general health. Long term care can insure that you get the best care, that you do not burden your children and that you do not have to use all of your hard earned savings paying for long term care.
About Author Ray Subs :

Ray Subs is a writer and consultant with a Long Term Health Care firm. You can find out more at <a href="" target="_blank"></a>

Article Source:
Article Url:

Article Added on Thursday, July 3, 2008
Other Articles by Ray Subs

How To Welcome Anyone By Buying Flowers Online
It is a great idea to order flowers online for anyone who is new on the scene. Arriving at a strange place is often lonely and sometimes even frightening. Flowers are a welcomed sign that the new place is a friendly one. You can buy flowers for anyone who needs to feel at home in their new surroundings. A new baby might not notice when you buy flowers to welcome her or him into the world. On the other hand, the parents are sure to feel grateful for the acknowledgment. When you buy flowers in...

Top Reasons to Play Cornhole
There are many reasons to play cornhole. It is a fun game for people of all ages and abilities and can be used for entertainment at a party, a company event, picnic, or other outdoor event. Cornhole is also a great game to have on hand for the kids to play at home. It is a simple game; you toss small bags filled with corn onto the cornhole board and try to make them into the holes. One point is awarded for bags that land on the board and three points are awarded to bags that land in the...

Make Money Using a Blog
There is a vast amount of information on today’s Internet. It is full of advice, tips, and tricks on how to make money with a blog fast and successfully. There are millions of ways to make money on the Internet and the idea of using a blog to do that might not seem that realistic, but you would be surprised. By understanding a blog, SEO and article writing are essential for making money and will keep that money coming in is the key to making money fast on the Internet. The idea of the blog is...

Hair Style For Fine Hair
If you have fine or thinning hair you might feel it is difficult to find a hair style that suits you. A trip to a barber or hairdresser can be a source of distress. It is important that you can discuss your fine or thinning hair and the style you want with the person cutting it and not feel any embarrassment or distress. For men, the most sensible and easiest style is a short, clean cut. One of the worst mistakes a guy can make with thinning or fine hair is to grow it long, spike it or jell...

Using an Au Pair For Child Care
Parents of young children know how difficult it is to balance life, family and work in today's hectic world. Many parents need extra help, especially if they have more than one child, in the form of a nanny or caregiver to give their children the care and attention they need. Finding a childcare provider is one of the most challenging decisions facing parents because the childcare provider they choose is responsible for the safety and wellbeing of their children. Parents need a trustworthy...

Carbon Copy Pro is a Marketing System Not the Product
Here is some information about Carbon Copy Pro, which might be helpful. Carbon Copy Pro is not a product. It is actually a marketing system known as a feeder system. It is there goal to feed potential customers to Wealth Masters International. When you join Carbon Copy Pro, you will receive a web site, which has been duplicated from another web site. Your web site will look like all the other web sites given to those who join Carbon Copy Pro. Because all the web sites look exactly the same,...

What Is A Psychic
Psychic abilities have been a popular topic of study and discussion for almost as long as humans themselves have existed. In ancient times psychics were revered for their powers and looked to for guidance and advice. In some time periods such as early colonial America psychics were shunned and considered witches with evil powers. Today psychics are not usually used to advise government and relied on to give hope to the masses, but they are still popular among individuals who want some insight...

Reasons To Join The Xbox Live Community
The Xbox Live craze is sweeping the nation, pulling in thousands of Xbox fans and incorporating them into one of the largest, fastest growing online communities of gamers in the world. With Xbox Live there are no international boundaries, no borders and, best of all, no limitations. If you're considering becoming a member of the Xbox Live community but for some reason are holding back, consider this: 1) Xbox Live is the first online community designed especially for the Xbox 360. That means...

American Toys For Every Girl and Boy
American toys offer a great solution to a modern day problem. There have been some difficulties and health risks showing up from certain kids' toys coming from overseas. Americans are ready for toys they can rely on for safety and durability. They can find them by looking in their own country. It is most important to have well-made baby toys so that infants can be safe. There are American toys that babies can chew without suffering any ill effects. These are available on the Internet. There...

Finding the Right Business For You
Everyday you get up and go to work to earn a paycheck. This becomes tiring and can become harder to do as you get older. Millions of people have looked for ways to avoid the rat race by simply building an automated business. An automated business allows you the opportunity to have an unlimited income as long as you follow the correct steps for that system. The Internet truly allows you the opportunity to make unlimited money if you develop or follow the right system. The reasons for automating...

Click here to see More Articles by Ray Subs
Publishers / Webmasters
Article ID: 83623
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:

104 Users Online !
Related Articles:
Latest Articles:
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts

Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of and/or its owners.

Copyright © AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Bulk Email Solutions India Provided By AwareIndia

Company IDS